The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
"Unfortunately, I have a feeling that what the government has done so far has not quite worked. I am afraid more will need to happen," said Peter Cohan, associate professor of Management Practice at Babson College, a private business school in Massachusetts.
* Rating agency Moody's has downgraded its outlook on the entire U.S. banking system from stable to negative, citing "rapidly deteriorating operating environment" in the wake of SVB collapse.
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